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Which Of The Following May Cause Depreciation? - Erudites Academy

Which of the following may cause depreciation?

by | Aug 20 | Accounting WAEC | 0 comments

i. wear and tear

ii. obsolescence and passage of time

iii. fluctuation

A. i, ii and iii
B. i and ii
C. i and iii
D. ii and iii
E. iii

Correct Answer:

Option B – i and ii

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